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President Glapiński explains SAFE 0%. How to finance armaments with NBP gold?


How to finance high expenditure on armaments? The state incurs large debts for this purpose, but due to the war in Iran, the situation has become more complicated. The interest rate on Polish debt has gone up significantly. There is an EU SAFE program, the president and the president of the National Bank of Poland proposed SAFE 0 percent, i.e. using profits from the central bank's gold reserves to finance the armament of the army. President Glapiński came out on Wednesday and decided to explain his proposal.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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